RCCMF - Nippon welcomes Mr. Frank Guillemette to its Board of Directors

(TheNewswire)

Brossard (Quebec) – TheNewswire - January 11 th , 2021 - Nippon Dragon Resources Inc.(“Nippon” or “NDR”) (TSXV:NIP) (OTC:RCCMF) , announces thatsubsequent to the resignation of board member Mr. Donald Brisebois,Nippon is extremely pleased to welcome Mr.Frank Guillemette to its Board of Directors.

Mr. Guillemette is an entrepreneur specializing inbusiness finance and venture capital with over 20 years’ experience.Mr. Guillemette launched his career as an employee of Fonds Régionalde Solidarité Nord-du-Québec where he was responsible for managingthe company’s regional mining portfolio and was accountable for theassociated financial duties.

In 2004, he founded 9148-5706 Quebec Inc., a privatecompany operating as Multi-Ressources Boréal (“Multi-ResourceBoreal“) where he remains active in the management of explorationcampaigns and mining land brokerage. Among other successfully executedgold property transactions are the Black Dog project that was sold toOsisko Mining in February 2016 ($1.6 million after the escrow periodended) and also sold, in 2008, the Monster Lake Project where IAMGoldas outlined a resource of 1,1 Mt at 12 g/t since. He was alsoresponsible for managing multi-million-dollar exploration fieldwork ongold, base metals, phosphorus, iron, titanium and tungsten projects.

Mr. Guillemette has also been working for more than 4years as a “representative of an exempt market dealer” for aMontreal-based exempt market dealer, EMD Financial Inc. In 2016, Mr.Guillemette was awarded the prospector of the year award from theAEMQ.

In 2018, he founded the private company Mines RoyalesQuébec and concluded an option agreement with Soquem on the Philibert goldproject.

In late 2020, the company Hornby Bay MineralExploration Ltd (TSX-V: HBE) announced the acquisition of all sharesof Mines Royales Quebec for $ 8M. Mr. Guillemette will also be adirector of this company. He will own a 2% NSR on the property andwill hold more than 20% of the issued share capital.

“Frank’s experience in business finance coupledwith his profound knowledge in mining and the mining industry as awhole will add significant depth to our already dedicated and talentedBoard of Directors” stated Mr. Jean-Yves Therien, Nippon’s interimPresident & CEO.

Additionally, Nippon announces that the shareholders'meeting will be held on March 31 st , 2021. Detailsregarding the meeting will be communicated as soon as possible.

About Nippon

Nippon is active in the exploration and the developmentof gold resources in Quebec. The Corporation holds two goldproperties, Rocmec 1 with resources recognised in accordance withNI43-101 and the Denain property. Nippon also has an exclusive licensefor the Thermal Fragmentation mining method.

Le présent communiqué est disponible en françaissite web de Ressources Nippon Dragon

The company’s growth strategy is based on:

• - The development of its golddeposits with the objective of producing revenue from itsoperations;

  - Increasing the value of its miningassets by prioritizing the exploration targets; and

  - The commercialisation andemployment of its thermal fragmentation technology.

For additional information:

John Stella, Investor relations        (514)718-7976 jstella@nippondragon.com

Jean-Yves Therien, Interim President &CEO (450) 510-4442 jytherien@nippondragon.com

Neither TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in the policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this release. This press releaseincludes certain statements that may be deemed "forward-lookingstatements". All statements in this release, other thanstatements of historical facts, that address future explorationdrilling, exploration and production activities and events ordevelopments that the Corporation expects, are forward lookingstatements. Although the Corporation believes the expectationsexpressed in such forward-looking statements are based on reasonableassumptions, such statements are not guarantees of future performanceand actual results or developments may differ materially from those inforward-looking statements. Factors that could cause actual results todiffer materially from those in forward lookingstatements include market prices, exploitation and explorationsuccesses, continued availability of capital and financing, andgeneral economic, market or business conditions.

Ressources Nippon Dragon ResourcesInc. 7055 Taschereau Blvd., suite 500, Brossard (Québec) J4Z1A7

Tel: (450)510-4442 www.nippondragon.com

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